If the information contained in the financial statements is not presented fairly in conformity with generally accepted accounting principles, the auditor will issue a(n)

A) modified opinion
B) qualified opinion
C) adverse opinion
D) disclaimer of opinion

Financial Statements

Reports that present the financial performance, position, and cash flows of a company, used by stakeholders to make informed decisions.

Generally Accepted Accounting Principles

A framework of accounting rules, standards, and procedures that companies must follow when compiling their financial statements in the United States.

Modified Opinion

A type of audit opinion suggesting that the auditor has reservations about certain aspects of the company's financial statements.